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"Over the last two years, we have been working on a completely differentiated product portfolio for professional segment designed for Indian hair. We are entering this market and we have very ambitious plans for this market," GCPL Business Head - India and SAARC Sunil Kataria told PTI.

The impact on the volume front is expected in the current quarter as well due to the gradual pick-up in GSTN coverage. So, the flattish volume growth observed in Q1 of 2018 can further deteriorate in the current quarter.

"Presently we have connected over 50,000 users in the south and west, and are looking to expand this number to over 70,000 small retailers by the end of 2017," chief executive officer of ShopX, Amit Sharma told PTI.

The new Goods and Services Tax (GST) regime replaces a thicket of indirect central and state levies that critics argue have blunted economic competitiveness and hobbled efforts to lift more people out of poverty.

Fast moving consumer goods (FMCG) major Marico may be prepared to transition to the new tax regime, goods and services tax (GST) but expects the June quarter to be impacted because of this transition. In an exclusive interview to CNBC-TV18's Priya Sheth, Marico's Harsh Mariwala said that the company is prepared for some degree of degrowth.

PhillipCapital is hosting their Annual Ground View Conference in Mumbai. In an interview to CNBC-TV18, Naveen Kulkarni, Co-Head of Research at Phillipcapital spoke about the mood at the conference and specific stocks.

ITC surging to record high in trade today - analysts believe that the fast moving consumer goods (FMCG) sector is likely to benefit the most from the onset of the goods and services tax (GST) regime and in that ITC tops the list.

The Nifty50 rose to a fresh record high of 9,521 in morning trade on Wednesday, but many are still waiting for a slight dip as a lot of smart money is still waiting on sidelines, Nilesh Shah, MD, Kotak AMC said in an interview with CNBC-TV18.